Senior Gross Margin Analyst at Cell C

Purpose of the Job:

• To ensure precise and comprehensive accounting, analysis, and reporting of all financial activities associated with the assigned line of business within the senior Gross Margin Analyst’s portfolio. This includes overseeing the integrity of financial records, ensuring compliance with relevant accounting standards and internal policies, coordinating the month-end closing process, and providing actionable insights that support business decision-making.
• The role is responsible for maintaining transparency and accuracy in revenue and cost recognition, proactively identifying areas for process improvement, and supporting the organization’s financial objectives through diligent stewardship of accounting practices.
• This position will oversee two direct reports who are responsible for managing postpaid revenue and costs, inventory, digital revenue, and enterprise revenue.

Main Responsibilities:
Unearned and Prepaid Revenue

• Determine unearned revenue amounts in line with IFRS requirements and internal company guidelines
• Compute voucher discounts for each channel type, ensuring alignment with channel agreements and proper recognition under IFRS
• Verify that appropriate discount rates are applied and investigate any inconsistencies
• Confirm the accuracy of reallocation journals for monthly prepaid usage
• Conduct reconciliations for voucher sales, unused vouchers, recharges, closing balances, voucher gross-ups, and free minutes
• Track and analyse margins on prepaid products, providing explanations for any variances
• Review and validate prepaid performance, ensuring it aligns with commercial usage data
• Oversee all aspects of unearned and prepaid revenue
• Offer guidance and recommendations on accounting treatment of new products

Fibre To Home

• Ensure revenue is recognized in accordance with IFRS standards
• Accurately record expenses related to FTTH operations
• Review of the accuracy and allocation of invoices
• Perform reallocations for incorrect invoices
• Perform reconciliations for FTTH-related balance sheet accounts
• Offer guidance and recommendations on accounting treatment of new products

Digital Revenue

• Review reports detailing partner revenue shares and associated costs
• Review reconciliations for balance sheet accounts related to digital operations
• Approve invoices pertaining to partner revenue shares
• Review monthly analyses and commentary on digital revenue and expenditure
• Offer guidance and recommendations on accounting treatment of new products

Postpaid Revenue

• Review reconciliations for balance sheet accounts related to postpaid
• Approve invoices pertaining to partner revenue shares
• Review monthly analyses, commentary and reports on postpaid revenue and expenditure
• Offer guidance and recommendations on accounting treatment of new products

Enterprise Revenue

• Review reconciliations for balance sheet accounts related to enterprise revenue
• Review monthly analyses and commentary on enterprise revenue
• Offer guidance and recommendations on accounting treatment of new products

Inventory/ Cost of Sales

• Review the accuracy and allocation of invoices
• Review inventory and cost of sales reconciliations
• Review inventory reports
• Review monthly analyses and commentary on inventory and cost of sales
• Offer guidance and recommendations on accounting treatment of new products

Intercompany

• Prepare monthly intercompany invoices and ensure they are properly recorded by the paying entity
• Verify the accuracy of all intercompany transactions prior to the trial balance close deadline
• Complete intercompany reconciliations at each reporting period

Governance and month end

• Ensuring that the internal controls implemented are adequate and are continually assessed and improved
• Determine and Implementation of controls for lines of business
• Ensure compliance with internal and external audit requirements
• Ensure that SOPs are updated
• Ensure that month end processes are adhered to and closed off by the deadline
• Populate supporting information relating to revenue and cost drivers
• Providing detailed analysis on complex transactions and contracts
• Staff Management
• Provide an advisory, support and mentorship function to enable staff to grow within their career
• Identify training needs and coach staff to drive a high-performance culture
• Conduct monthly check-ins with staff
• Uphold HR policies and procedures

Minimum Qualification

• BCom Honours or equivalent qualification in Finance

Experience

• Overall 8+ years’ experience inclusive of minimum of three years’ experience as a trainee accountant
• Of which 5 years of experience must be in a financial environment
• Advanced proficiency in Excel
• Strong computer literacy, with Oracle system knowledge is considered an asset
• Prior experience in the telecommunications industry will be advantageous